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Pay Attention To Condition Of Stored Corn

By Charles Hurburgh
 
Quality of stored grain must be maintained through the entire summer period, until stocks can be rotated in the fall. Summer storage is challenging because warm temperatures and high relative humidities put even dry grain at risk for mold and insect activity. Relative humidities in the last two weeks have been very high.
 
The chart below explains why summer aeration can create either continued mold growth  or excessive moisture shrink (below 14% moisture corn; 12% moisture soybeans). The horizontal lines are the market standard moistures for corn and soybeans (15% and 13% respectively).
 
 
 
 
Aeration in the fall is not likely to create overdry grain. Market moisture grain is not likely to spoil if steady fall conditions are maintained. However, in summer, even dry grain can spoil. Aeration in summer creates further drying and moisture shrink, and if the humidity is high, spoilage will continue. 
 
Wet grain in storage now has probably used up its shelf life.  It should be marketed quickly. Elevators and processors report that average condition of inbound corn is declining; there are still almost two warm weather months remaining to reach the 2015 crop.
 

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.